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The Philippine casino sector produced PHP25.74 billion (US$536.2 million) in gross gaming revenue (GGR) in the first quarter this year, according to data released earlier this week by that country’s gaming regulator. The figure excludes revenue from bingo operations and from electronic game parlours. The GGR tally for the three months to March 31 was down 43.9 percent in year-on-year terms, showed the Philippine Amusement and Gaming Corp (Pagcor), an operator of public-sector casinos as well as the regulator and licensor of private-sector venues. The overall GGR figure however was up by 19.0 percent in quarterly terms. Commercial casinos linked to Entertainment City, a special development zone for gaming resorts in the capital Manila, produced just below PHP21.12 billion in GGR in the January to March period, down 37.7 percent compared with the prior-year period, but a sequential increase of 25.0 percent.

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